# Semiconductor Components Industries to acquire GT Advanced Technologies for $420M

Semiconductor Components Industries, LLC (an ON Semiconductor subsidiary) entered into a definitive agreement to acquire GT Advanced Technologies Inc. for approximately $420 million. The transaction is subject to regulatory approvals and stockholder approval.

- Type: Acquisition
- Announced: 2021-08-25
- Where: United States
- Value: $420.0M
- Status: announced
- Products: semiconductor materials, advanced technologies
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GT Advanced Technologies](https://endata.com/companies/41134.md) (target)
- [Semiconductor Components Industries, LLC](https://endata.com/companies/57290.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/GT-ADVANCED-TECHNOLOGIES--120797421/news/Semiconductor-Components-Industries-LLC-entered-into-a-definitive-agreement-and-plan-of-merger-to-a-36254802/), 2021-08-24: "Semiconductor Components Industries, LLC entered into a definitive agreement and plan of merger to acquire GT Advanced Technologies Inc. for approximately $420 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.